Berthold, Norbert; Gründler, Klaus - 2012
Stagflation has decayed the world economy during the 1970s and the early 1980s. Recent empirical studies suggest that … countries between 1970 and 2010. First, we provide measures to specify the appearance as well as the magnitude of stagflation … stagflation in the world economy appears to vary over time, although stagflationary periods occur regularly between 1970 and 2010 …